Current Report No.: 48/2026

Current Report No.: 48/2026

Date of Preparation: 29 October 2026

Issuer's Abbreviated Name: Enea S.A.

Subject: Signing of a program agreement regarding a hybrid bond issue program and the intention to carry out the first issue

Legal Basis: Article 17(1) of the Market Abuse Regulation - inside information

Body of the report:

The Management Board of Enea S.A. ("Company", "Issuer") hereby reports that, on 29 October 2026, the Company entered into a program agreement with Bank Gospodarstwa Krajowego, Bank Polska Kasa Opieki S.A. and Powszechna Kasa Oszczędności Bank Polski S.A. regarding the Hybrid Bond Issue Program capped at PLN 5,000,000,000 ("Program Agreement"). The Program Agreement enables the Company to carry out multiple issues of hybrid bonds within the available cap, provided that the total par value of all issued and outstanding bonds is not greater than PLN 5,000,000,000.

In parallel, the Company also reports its intention to carry out, in Q4 2026 or H1 2027, the first issue of hybrid bonds under the Program Agreement with a total par value capped at PLN 2,500,000,000 ("Bonds"), provided that the Bonds:

a. bear interest at a variable rate equal to the sum of WIBOR 6M or such other reference rate that, in accordance with the terms of the issue, is substituted for WIBOR 6M, plus a margin;

b. are intended to be listed on an alternative trading system;

c. are offered as part of a public offering targeted exclusively at qualified investors, thus not requiring the preparation of a prospectus pursuant to Article 1(4)(a) of Regulation (EU) 2017/1129 of 14 June 2017, in accordance with the procedures and documentation specified for a specific issue.

The Issuer reserves the right to make the final decision on the issue of the Bonds after determining their specific parameters, including the par value of the Bonds and the margin, based on the outcomes of the bookbuilding process and taking into account the current situation on the domestic bond market.